Pro-Beijing candidates have swept to victory in Hong Kong’s “patriots-only” legislative election, with turnout hitting a record low amid China’s crackdown on the city’s freedoms. Some 30.2 percent of …
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Pro-Beijing candidates sweep ‘patriots’-only Hong Kong vote amid low turnout
Beijing candidates swept to victory in an overhauled “patriots”-only legislative election in Hong Kong that was deemed regressive by critics, with turnout hitting a record low amid a crackdown on the …
The Chagrin of Beijing and the Problem of Time
To the chagrin of Beijing, the Chinese yuan is the strongest currency in the world this year, rising a modest 2.4% against the US dollar. In word and deed, Chinese officials sought to discourage the…
Pro-Beijing candidates sweep ‘patriots-only’ Hong Kong vote
Pro-Beijing candidates swept to victory in an overhauled “patriots-only” legislative election in Hong Kong that was deemed regressive by critics, with turnout plunging to a record low amid a crackdown …
Chinese banks cut borrowing costs for first time in 20 months
Chinese banks lowered borrowing costs for the first time in 20 months, providing support to an economy showing strain from a property slump and sporadic virus outbreaks. . Read more at …
China’s central bank cuts a benchmark rate for the first time since the pandemic
The last time the central bank cut the one-year and five-year LPR was in April 2020, according to data from Wind Information.
China Central Bank Cuts Loan Prime Rate for First Time in 20 Months
The People’s Bank of China cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.
China debt woes to weigh on Asia high-yield issues in first half of 2022, bankers say
China’s property sector debt turmoil is set to keep a lid on Asian high-yield corporate bond deals in the first half of next year after a string of defaults by real estate firms left global…
China urges real estate project acquisitions to aid struggling developers -state media
China is urging large private and state-owned property companies to acquire real estate projects from troubled developers to reduce risks that mounting debt piles will destabilise the economy, the …
Pro-Beijing candidates sweep to victory in HK
Pro-Beijing candidates swept to victory in an overhauled “patriots-only” legislative election in Hong Kong that was deemed regressive by critics, with turnout hitting a record low amid a crackdown on …
Hong Kong Democrats Boycott Election Stage-Managed by Beijing
Hong Kong held its first major election since Beijing dictated only “patriots” can govern the city, a move that wiped out the pro-democracy bloc and kept voters away.Most Read from BloombergSouth …
Kaisa Group Appoints Financial Adviser; Shares to Resume Trading
The financial adviser will evaluate Kaisa’s liquidity and explore all feasible solutions, the company said in a stock exchange filing on Monday. Kaisa said it hasn’t received any notice regarding …
China’s Kaisa says bondholders have not asked for accelerated repayments yet
Kaisa Group said on Monday it has not received any notice from bondholders to accelerate repayments yet as the embattled Chinese property developer has not repaid a US$400 million (RM1.6 billion) bond …
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